It can be challenging to select the financing model … Saas Finance Operations .
Receive up to a year of in advance capital instantly, giving you the flexible funding you need to grow your service and scale. We provide the necessary funding you need at that moment. Within 24 hours, we evaluate the funding needed and deposit it immediately to your account.
Capchase deals with these users and company types: Mid Size Business, Small Company, Enterprise, Freelance, Nonprofit, and Federal government.
what’s better owning 100 of a 10 million
business or 15 of a 100 million dollar
company the response how about the best of
both
you’re right with traditional funding
that’s not really an alternative until now
keep your 100 with cap chase we utilize information
to make financing faster fairer and more
flexible based upon your future
predictable income and then we wrap it
all up with a single transparent cost
Let’s get this celebration started at
There is always a point in time when a start-up’s founders, senior management group, and leading finance executives evaluate methods for how to scale the company to the next level and catalog what’s needed to do that successfully. Securing financing at an early stage can accelerate growth and cause obtainable and quantifiable success. Ultimately, financing supervisors and the tactical planning group need to pick the right financing source to help the company reach its objectives.
that management sets for the organization. Weighing the dangers and competitive dangers in a balanced and smart way is crucial as it can choose the future of your business The implications of selling equity, managing irregular capital, rate of interest motions, and the requirement to make timely payments to lenders are among the aspects to think about, just among others.
That said, with the rise of new and more sophisticated financing choices that put the business interests of start-ups and midsize companies initially, there’s generally a method to find out an option that’s an excellent fit. It’s important to investigate the different financing choices that are readily available to a company’s founders, management accounting professionals, and finance officers and what factors to consider they require to make for both the long and short term.
Lobo here co-founder at traction and boast AI excited to host Miguel Fernandez co-founder and CEO of capchase a provider of non-dilutive development capital for recurring Earnings business basically assisting business grow without giving up that valuable Equity you took so long to construct Miguel welcome to traction thank you a lot for joining us Hey Lloyd thank you a lot for having me it’s excellent to be here yeah I’m very excited to share more remarkable I’m excited to get into your backstory so let’s kick this off how did you come together with your Founders why cap Chase what else did you consider from what I understood you’re a very first time founder very first time creator it’s like you hit a home run out of the park out of the gates I love it man that’s remarkable well as quickly as they won you know like it’s never the Home Run never like never ever counts until the video game is over right generally so so so yeah um we are 4 co-founders you know and it’s amusing because we have actually all fulfilled through initially as buddies you know and after that as co-founder so uh there’s three of us that work together at the exact same SAS company in in Spain so all of us joined when it was extremely early I joined as the first individual in sales and there are 2 people joined us that as product managers essentially and we see the company from absolutely no to a couple of million err over 3 years and then we left um at the same time approximately I went to organization school and I went to business school on the other one went to do a stint in VC with the objective of going to company school afterwards so when I go to business school I I got into into Harvard and you know I was extremely excited about it my whole goal was to go there to get more information about how to become a founder and then hopefully introduce something upon graduation and the one that I landed there I was looking into already an idea with one of these co-founders and it was genuine idea it had absolutely nothing to do or very little to do with what we’re doing now however you know that was the beginning of the novice and the journey Journey or the Insight that we had was that hey there remain in specific verticals there are a lot of consecutive payments you understand and circular payments between business and today you simply have to await that sequence to develop or you understand like there’s nobody streamlining those circular payments so we considered hi why don’t we do something similar to like a split sensible or business in verticals such as you understand fried or Logistics or building and construction you know you have a ton of parties that have to wait for different payments like they’re all associated with one way or another so imagine you have a platform and then you have company a post Business B 100 and Company B Home Company c a hundred dollars in reality with this platform what would occur is a business.
a would pay a hundred the platform Company B zero they would get they would pay absolutely no or receive absolutely no and then company C we get a hundred dollars so when we’re speaking to big companies they all liked it however it was the common like cold start issue I resemble hey this is fantastic when everybody’s in the platform but until then it’s it’s quite tough to get people to do anything so it was all about hi how do we get more information how can we kind of kick start this platform um without using the platform to start with so it was everything about getting more data and to get more information we got to 2 conclusions it’s like we either get information through using an Analytics tool a workflow tool or we provide a funding we have a funding and we get the data or individuals offer us data in order to get financing so you know we started doing that like checking out more and more and more and then what we need what we saw is that we understood more about sales than anything else we were actually interested in fintech and specifically in funding and you know like we would take a look at different modes different verticals and so on for 2 weeks at a time if we found enough things we would opt for 2 more weeks if we didn’t would cut it and then in January 2020 we had the the concept you understand which is funny of providing this this SAS companies at all so they could extend terms to the clients but constantly get the cash up front so we’re resolving the financing payment possessions business have which is they have in advance expenses to get customers and then they make money months of the month right so to prevent that cash card that every SAS business faces and that we faced in the past in the previous experience the objective was to provide a tool so they might state to the consumer hello look the cost is 100
per year and if you wish to pay regular monthly terrific use capshase you know um and after that Creators love that they resembled hello guys this is amazing this is the Holy Grail of SAS due to the fact that I need to do discounts so my ACV boosts and I can close sales faster due to the fact that I’m providing versatile payment terms so it’s like the Holy Grail you understand you increase ACV you reduce cell cycle normally it resembles a compromise you know and after that the next thing they said was like hello why don’t I do this for all my consumer base instead of for every brand-new customer that I get right so why don’t I do this for my 300 clients instead of doing it for the net for the 10 new clients I get months of a month so then we saw what they desired was to convert their ARR or the customer base into upfront funding to be less depending on Equity as I said the starting yeah all right this is what we’re going to start with and after that we’re going to learn a lot so we’re gon na do the rest later on and that’s when the fourth co-founder joined who has a buddy at HBS and then male we started dealing with it like crazy and and dropped out what is your long-lasting Vision so it began with you understand you landed on this hate you if you’re sitting on ARR we know the company’s uh churn we know the business’s retention gross margins And so on so I can take their ARR and lend them up front x times times x ARR or times x mrr however what is a long-term vision of of the business so for us it’s it’s it’s or it’s all around SAS companies right like we only method with such business deliberately right so we resisted the
urge to work and go with funding you know with any vertical we only deal with SAS so our goal is to establish multiple products for SAS so we begin with financing and it’s great because companies actually depend on us we really like a partner and we we help them to not just get financing but work better in a more effective method and through that we’re finding you understand opportunities to broaden you know in the deal of a SAS item